1866 Lelong Terrace House in Selangor
In Selangor, bank auction terrace houses are a smart option for buyers seeking below-market deals. With a wide selection available, these properties are often listed as lelong through reputable auction houses, offering reserve prices that can be 10% to 40% lower than market value. Whether you are a first-home buyer or an investor, the process is straightforward: register with the auction house, pay the standard 10% deposit, and bid on auction day. For the latest auction dates, reserve prices, and a step-by-step guide to the bidding process, reach out to Peter Tan to make your move on a great terrace house in Selangor.
Jalan Kesuma 8/2K
No. 98, Jalan Kesuma 8/2K, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Jalan Kesuma 8/3E
No. 98, Camellia Residence, Jalan Kesuma 8/3E, Seksyen 8, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Jalan Impian Putra 4/4E
No. 6, Jalan Impian Putra 4/4E, Taman Impian Putra, 43000 Kajang, Selangor
Jalan KP 2/16
No. 39, Jalan KP 2/16, Taman Kajang Prima, 43000, Kajang, Selangor
Jalan Bidara 2
No. 6, Jalan Bidara 2, Saujana Utama 3, 47000 Sungai Buloh, Selangor
Jalan SP 7/8
No. 37, Jalan SP 7/8, Taman Saujana Puchong, 43300 Bandar Putra Permai, Selangor
Jalan Tasik Raja Lumu U4/14
No. 9, Jalan Tasik Raja Lumu U4/14, Seksyen U4, 40150, Shah Alam, Selangor
Jalan Sungai Merbau 32/86
No. 38, Jalan Sungai Merbau 32/86, Kemuning Green Ville, Seksyen 32, 40460, Shah Alam, Selangor
Jalan Mutiara 2/8
No. 35, Jalan Mutiara 2/8, Taman Mutiara Indah, 47100 Puchong, Selangor
Jalan Palma 1/3
No. 7, Jalan Palma 1/3, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Jalan AU 5D/3
No. 40, Jalan AU 5D/3, Ampang Hulu Klang, 68000 Ampang, Selangor
Jalan BP 11
No. 116, Jalan BP 11, Taman Bukit Permata, 68100 Batu Caves, Selangor
Jalan Pesona 25/116B
No. 14, Jalan Pesona 25/116B, Pesona Kemuning, Seksyen 25, 40400 Shah Alam, Selangor
Jalan Cg 1/1a
No. 6, Jalan Cg 1/1a, Casa Green, 43800, Dengkil, Selangor
Jalan Skj 4/5
No. 58, Jalan Skj 4/5, Taman Scientex Kundang Jaya, 48020, Rawang, Selangor
Jalan Damar Merah 4
No. 9, Jalan Damar Merah 4, Taman Pendamar Indah 2, 42000, Pelabuhan Klang, Selangor
Lorong Raja Nong 2A
No. 8, Lorong Raja Nong 2A, DI Jalan Raja Nong, 41000, Klang, Selangor
Jalan Awana 1
No. 23, Jalan Awana 1 (Satu), Taman Cheras Awana, 43200, Cheras, Selangor
Jalan Dc 3/19
No. 5, Jalan Dc 3/19, Desa Coalfields, 47000, Sungai Buloh, Selangor
Lorong Reko Jaya 3
No. 10, Lorong Reko Jaya 3, Taman Reko Jaya, 43000 Kajang, Selangor
Jalan Rp 5/4
No. 15, Jalan Rp 5/4, Taman Rawang Perdana, 48000, Rawang, Selangor
Jalan Pahlawan 32/3
No. 16, Jalan Pahlawan 32/3, Seksyen 3, Bandar Mahkota Cheras, 43200 Batu 9, Cheras, Selangor
Jalan Nirwana 10
No. 40, Jalan Nirwana 10, Taman Nirwana, 68000, Ampang, Selangor
Jalan Bayu Melawati 2
No. 24, Jalan Bayu Melawati 2, Taman Bayu Melawati, 45000, Kuala Selangor, Selangor
How to Buy an Auction Property in Selangor
- 1Shortlist properties
Browse auction listings in Selangor, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ
How many terrace house auctions are there in Selangor?+
There are currently 1866 bank auction (lelong) terrace house properties in Selangor, updated regularly.
How much below market are Selangor terrace house auctions?+
Reserve prices for terrace house auctions in Selangor are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong terrace house in Selangor?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Selangor?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Selangor?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.